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Adveritas Limited Issues New Shares to Boost Liquidity

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Confident Investing Starts Here:

The latest update is out from Adveritas Limited ( (AU:AV1) ).

Adveritas Limited has issued 43,797,022 new fully paid ordinary shares at a price of $0.08 per share, as announced in their recent ASX release. This issuance allows the shares to be traded immediately, enhancing liquidity and potentially impacting the company’s market position by increasing its capital base.

More about Adveritas Limited

Adveritas Limited operates in the technology industry, focusing on providing innovative software solutions. The company’s primary products or services are not explicitly mentioned in the release, but it is implied that they are involved in activities related to securities and financial transactions.

YTD Price Performance: -8.00%

Average Trading Volume: 5,280

Technical Sentiment Signal: Strong Sell

Current Market Cap: €40.91M

Find detailed analytics on AV1 stock on TipRanks’ Stock Analysis page.

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